A cottage industry of private administrators, real estate agents, house-flippers and others cashed in on homes across Southern Nevada after the owners died.
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Attorney General Aaron Ford’s announcement came after multiple property management companies announced plans to alter renters’ leases.
Commissioners voted 4-3 to support the proposed ban, which would grandfather in short-term rentals already permitted by the city. The decision followed more than an hour of public comment, with a majority of speakers opposing the ban.
About 500,000 people stayed at Airbnb rentals in the Las Vegas area last year, the company reports. That’s almost double the amount of visitors in 2016.